LeBron James Signs $104M Contract Extension to Stay with Los Angeles Lakers

Sports | July 3, 2024, 8:03 a.m.

LeBron James has signed a two-year, $104 million contract with the Los Angeles Lakers, including a player option for 2025-26 and a no-trade clause. This deal limits the team's roster flexibility as it puts them over the league's salary cap. James' agent, Rich Paul, is considering taking a pay cut to help the Lakers stay under the cap. The Lakers are also looking to sign Bronny James Jr., making them potentially the first father-son duo to play in the NBA at the same time. LeBron, considered one of the greatest players in NBA history, holds numerous records and accolades. Despite his impressive stats, the Lakers have struggled in the playoffs recently. With the addition of LeBron, they will be looking to make a strong comeback in the upcoming season.